IRA savings can get you closer to your goals
Abstract: Those who are saving for their retirement are probably participating in their employer’s 401(k) plan or other retirement plan. However, another common retirement savings vehicle — the IRA — is too often ignored or underused. But it can be a powerful way to save more for one’s golden years. This article describes the tax and savings characteristics of the traditional vs. the Roth IRA, while a sidebar explains that traditional-to-Roth conversions are now available to everyone, regardless of income.